Business Matters: BPI’s Q1 Numbers Suggest Subscription Services Aren’t Hurting Purchases in U.K.

BPI Numbers Harm Subscription Service Cannibalization Theory
Today there’s even less evidence that subscription services cannibalize music purchases. Growth in digital revenue in the U.K. in the first quarter exceeded the loss of physical revenue, according to statistics released Thursday by the BPI. These trends are similar to the gains made in U.S. recorded music sales since Spotify launched here in July. In other words, growth in free and paid subscription services has not coincided with any apparent decline in purchases.

TechCrunch)